Questions

 

• Why choose Scott & Quinn Mortgage, Inc.?
• What kind of credit rating do I need to qualify for a loan?
• How long does the loan process take?
• Can I change programs during my transaction?
• How do your rates and fees compare to the market?
• How do I know if I should refinance or take out an equity loan on my home?
• How convenient is it?

 

Why choose Scott & Quinn Mortgage, Inc.?
Scott & Quinn Mortgage, Inc. is a full spectrum lender which means we have loan programs to suit the varied needs of our clients. Our Loan Officers and staff bring years of combined experience in structuring loans that meet each individual’s specific requirements. We are constantly developing and offering new, innovative programs in order to keep pace with the ever-changing demands of our market.

 

What kind of credit rating do I need to qualify for a loan?
We offer loans to homeowners with credit ranging from good credit to not so good credit.  Please give us a call, we will be able to find you a loan, even if your credit is sub 500 in most cases.

 

How long does the loan process take?
The initial application process takes only a few minutes and you will get your answer usually in the same day. Every loan is different and the processing time will vary depending on the situation. However, since we are a Mortgage Broker we make our decisions internally which helps reduce the time it takes to fund a loan. In many cases we are able to fund loans in a matter of days.

 

Can I change programs during my transaction?
Yes. Because we operate as a Mortgage Broker we can manipulate your loan to fit your changing needs, even during your transaction. This can be a seamless procedure and, in most cases, at no cost at all.

 

How do your rates and fees compare to the market?
There is no fee or obligation whatsoever to determine your eligibility for a Scott & Quinn Mortgage, Inc. loan. Our rates are extremely competitive with all of our programs. We also maintain a streamlined processing structure utilizing technology in Title/Escrow to keep the costs of our loans low and our turn around fast. Additionally, because we fund our own loans, you avoid paying excessive third party fees.

 

How do I know if I should refinance or take out an equity loan on my home?
This is a question that can only be answered by a free mortgage analysis. Sometimes refinancing your existing home loan keeps your overall monthly obligations low while getting you the cash you desire with one monthly payment at a low rate. In other instances, taking an equity loan makes more sense because you can keep your overall finance charges low and maintain a lower blended rate while speeding up your processing time. If you would like to get more information on which would best meet your needs call and we will provide you with an individual analysis to help you make this important decision.

 

How convenient is it?
For your convenience, loan signing appointments can be scheduled in the comfort of your home or office. Scott & Quinn Mortgage, Inc. offers a very wide variety of loan programs that can be customized to fit your specific needs, call today to find out how we can help.